7/29/2010 Daily Update From the Chronicle of Philanthropy

Eμμανουήλ Χρύσης - Sent from my BlackBerry® smartphone

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From: philanthropy-today@chronicle.com

Date: Thu, 29 Jul 2010 14:45:00 -0400 (EDT)

To: <philanthropy-today@chronicle.com>

Subject: 7/29/2010 Daily Update From the Chronicle of Philanthropy

Philanthropy Today Thursday July 29, 2010 Subscribe to the Chronicle! Subscribe to this newsletter | Stop receiving this newsletter Top News From The Chronicle Ford Commits $85-Million to Global-Warming Fight The Ford Foundation will make grants to ensure that the needs of rural and indigenous people are not left out in efforts to combat climate change. News From Elsewhere Online Va. Attorney General Will Give Disputed Donations to Veterans Groups Virginia’s attorney general says he plans to give away campaign donations he received from a charity director who is under investigation in Virginia and at least three other states, says The Washington Post. Conn. Probes Charities Started by Man Raising Money for Yale Athlete Connecticut’s attorney general has begun an investigation into two charities operated by a man who is leading a high-profile effort to help a Yale hockey player who has leukemia, says The New York Times. Nonprofit Microlenders See Growing U.S. Demand As credit extended to small businesses by conventional banks remains tight in the wake of the global financial crisis, nonprofit microlenders are seeing a jump in demand for their services among Americans, writes The New York Times. International AIDS Activists Decry Money Shortage The progress made in treating HIV-positive people in the developing world is being threatened, say AIDS activists, by insufficient funds to sustain that treatment for all who need it, according to The Washington Post. Charity Founder, 12, Walks Across Country for Homeless Kids A 12-year-old boy who founded a charity six years ago is walking across the country to raise money for homeless children, writes The New York Times. Critics Bash British Plan to Tax University Graduates A proposed plan to replace tuition fees at British universities with a tax on graduates tied to their income has drawn critics who say it would hamper those institutions’ ability to raise funds from alumni, writes the British publication Times Higher Education. Correction: Article About IRS and Compensation An article about a speech by an Internal Revenue Service official misstated the tax agency's concerns about compensation of fund raisers. Judith Kindell says she was reminding fund raisers that the new version of the informational tax returns charities file asks detailed questions about the compensation provided to professional fund-raising companies that charities hire and the relationships of those companies to an organization's board and executives. She was not suggesting that the IRS was scrutinizing pay of fund raisers who work on the staffs of nonprofit groups. She noted in her comments that chief executives are under scrutiny, and since they often do a lot of fund raising, people who work in development offices should be aware of the tax agency's investigation of CEO pay. From The Chronicle's Blogs Do Fund Raisers Ignore Too Many Middle-Class Donors? A middle-class donor offers some candid advice to fund raisers. Advice From the Experts Following a Founder in the CEO Role Join us on Tuesday, August 3, at noon U.S. Eastern time for a live online discussion in which our guest experts will offer advice about following a longtime leader in the CEO chair. Job Alerts Find new listings of jobs every day and get career advice. Did a friend send you this? Go here for your own copy. The Chronicle of Philanthropy connects people who serve the common good with news, advice, ideas and jobs. Its Web site, philanthropy.com, contains a mix of free and for-purchase content designed to help everyone in the nonprofit world. For full access to premium articles and other services, you may purchase a subscription. Manage your account: Retrieve user name | Reset your password | (c) 2010 The Chronicle of Philanthropy 1255 23rd Street NW Washington, DC 20037